Austin Ties for First on Forbes.com Best Economic Recovery Cities in U.S.
Posted by Brittanie Flegle on Monday, March 8th, 2010 at 11:41pm.Austin, Texas: Forbes released a statement revealing Austin to be the best economic recovering city in the U.S. The Austin-Round Rock area tied for first with and Washington D.C. among a list of big cities on the upswing of recovery. Forbes.com used unemployment rates, real estate improvement, and production of goods and services to determine the ranking. Both Austin, Texas and Washington D.C. have low jobless rates, mostly due to their high government job generation, and healthy real estate industries.
Other Texas cities on the list included Dallas which ranked second right behind Austin, Texas, and San Antonio and Houston made the top ten.
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